This two-bedroom in a retirement community in north Scottsdale backs up to Troon Mountain. The owners cut the price by $100,000 in January; similar units sold in 2006 for $1.3 million.
The greater Phoenix area is famous for its many acres of planned, age-restricted communities built around golf courses, swimming pools, and artificial lakes. Property taxes are low because there aren't any schools (there aren't any kids), yard work is a breeze (it's all gravel), and street-legal golf carts serve as second cars.
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